If you’re selling your Florida house through an agent then you need to read this post. Here we talk about the 4 very common mistakes that you make and that should be avoided when listing with an agent in Florida
If you’re selling your Florida house yourself or if you’re an agent selling houses in Florida here are the 4 very common mistakes that you ought to avoid.
Never Ever Assume That You Can Sell Right Away
If you believe you can sell right away then this might come as a eye opener to you. The market always varies depending on various factors therefore its important that you have very realistic expectations set.
If you happen to be a seller, know that it will take months before your sale proceeds and gets completed. There are things like fixing up your house before showing it to buyers to negotiating deals for closing. You need to take care of everything. And in case you are an agent, tell your sellers that it will be a long time before they actually hear about a sale proceeding.
Know That the Asking Price Will Not Be the Selling Price
This one shouldn’t really come as a surprise to anybody because the asking price usually isn’t the selling price. It is in fact the starting point from where talks begin to establish the seller’s ground floor price. If you’re a seller keep in mind that your selling price will be different than the asking price so you need to build in that price buffer and if you’re an agent, explain this to your clients.
All The Money Doesn’t Go Into Your Pocket
Don’t make the mistake of assuming that the selling price minus anything that you owe on your mortgage will be your profit. If you’re a seller you will have to pay for commissions, closing costs and all other expenses that you have before selling the house. In case you’re an agent, make sure your clients know this.
The First Offer Rarely Goes Through
Not all deals get closed. Buyers often later discover they cannot arrange finances and they back out of deals. Be prepared to have your buyers fall through before you finally find one in case you’re a seller. If you’re a real estate agent, prepare your clients for this so that there isn’t any confusion if it happens.
If you’re a seller or you are a real estate agent representing your clients, know these 4 very common mistakes that you should stop assuming.
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